The NAGA Group AG announced a private placement of common shares for gross proceeds of approximately €22,700,000 on September 16, 2021. The transaction includes participation from new investor, Apeiron Investment Group Ltd. and individual investor, Igor Lychagov. The investors have joined as strategic and long-term investors.

Post-closing of the capital increase and acquisitions from existing shareholders, Apeiron Investment Group Ltd. will hold approximately 22% stake in the company. The transaction is subject to regulatory approvals. Post-closing Christian Angermayer from Apeiron Investment Group Ltd. will join as member of the supervisory board of the company.